WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Reaches New 52-Week High – Should You Buy?

Shares of WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) reached a new 52-week high during trading on Friday . The company traded as high as $145.56 and last traded at $145.3820, with a volume of 16174 shares traded. The stock had previously closed at $144.16.

WisdomTree Japan Hedged Equity Fund Trading Up 0.6%

The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of 12.88 and a beta of 0.41. The stock has a fifty day moving average of $139.52 and a 200-day moving average of $128.78.

Institutional Investors Weigh In On WisdomTree Japan Hedged Equity Fund

A number of large investors have recently bought and sold shares of the business. Liberty Mutual Group Asset Management Inc. lifted its position in shares of WisdomTree Japan Hedged Equity Fund by 34.7% during the second quarter. Liberty Mutual Group Asset Management Inc. now owns 941,000 shares of the exchange traded fund’s stock worth $107,528,000 after purchasing an additional 242,250 shares in the last quarter. Bank of Montreal Can raised its holdings in WisdomTree Japan Hedged Equity Fund by 24,677.4% during the 3rd quarter. Bank of Montreal Can now owns 621,416 shares of the exchange traded fund’s stock worth $79,560,000 after purchasing an additional 618,908 shares during the last quarter. Raymond James Financial Inc. lifted its position in WisdomTree Japan Hedged Equity Fund by 9.5% during the 3rd quarter. Raymond James Financial Inc. now owns 462,528 shares of the exchange traded fund’s stock valued at $59,218,000 after purchasing an additional 40,005 shares during the period. UBS Group AG grew its position in shares of WisdomTree Japan Hedged Equity Fund by 0.6% during the 3rd quarter. UBS Group AG now owns 368,323 shares of the exchange traded fund’s stock worth $47,156,000 after buying an additional 2,024 shares during the period. Finally, Permanens Capital L.P. lifted its holdings in WisdomTree Japan Hedged Equity Fund by 104.9% in the first quarter. Permanens Capital L.P. now owns 317,244 shares of the exchange traded fund’s stock valued at $34,954,000 after buying an additional 162,390 shares during the period.

WisdomTree Japan Hedged Equity Fund Company Profile

WisdomTree Japan Hedged Equity Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Japan Hedged Equity Index (the Index). The Index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the United States dollar. In this sense, the Index hedges against fluctuations in the relative value of the yen against the United States dollar.